Call reports 2023
NORTH CAMBRIDGE CO-OPERATIVE BANK — 2023
What NORTH CAMBRIDGE CO-OPERATIVE BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 87,252,000 | 84,853,000 | 85,289,000 | 84,611,000 |
| Total loans | 52,399,000 | 51,257,000 | 51,528,000 | 51,260,000 |
| Allowance for loan losses | 582,000 | 632,000 | 632,000 | 632,000 |
| Securities available for sale | 23,981,000 | 23,958,000 | 25,022,000 | 15,226,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,587,000 | 62,118,000 | 62,525,000 | 61,223,000 |
| Interest-bearing deposits | 62,232,000 | 60,170,000 | 58,334,000 | 58,825,000 |
| Noninterest-bearing deposits | 2,355,000 | 1,948,000 | 4,191,000 | 2,398,000 |
| Equity capital | 21,976,000 | 22,048,000 | 22,116,000 | 22,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 838,000 | 1,665,000 | 2,507,000 | 3,338,000 |
| Interest expense | 76,000 | 186,000 | 321,000 | 478,000 |
| Net interest income | 762,000 | 1,479,000 | 2,186,000 | 2,860,000 |
| Noninterest income | 9,000 | 16,000 | 22,000 | 33,000 |
| Noninterest expense | 533,000 | 1,088,000 | 1,590,000 | 2,146,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 101,000 | 288,000 | 400,000 | 790,000 |
| Income tax | 38,000 | 63,000 | 97,000 | 181,000 |
| Net income | 63,000 | 225,000 | 303,000 | 609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,916,000 | 22,033,000 | 22,113,000 | 22,419,000 |
| Total capital | 22,399,000 | 22,495,000 | 22,590,000 | 22,896,000 |
| Risk-weighted assets | 38,614,000 | 36,814,000 | 37,983,000 | 38,028,000 |